Tenet Shareholders Elect Ten Directors

May 8, 2008 12:22 PM EDT

DALLAS--(BUSINESS WIRE)--

Tenet Healthcare Corporation (NYSE: THC) announced today the results of voting at its Annual Meeting of Shareholders, held today in Dallas. A total of 432,145,953 shares were voted in person or by proxy, representing 90.75 percent of total shares outstanding as of the record date of March 17, 2008. Ten directors were elected to one-year terms on the company's board. Those directors are: Gov. John Ellis "Jeb" Bush, Trevor Fetter, Brenda J. Gaines, Karen M. Garrison, Edward A. Kangas, Sen. J. Robert Kerrey, Floyd D. Loop, M.D., Richard R. Pettingill, James A. Unruh and J. McDonald Williams. In addition, shareholders:

    --  approved the Tenet Healthcare 2008 Stock Incentive Plan;

    --  approved the Tenet Healthcare Corporation Eighth Amended and
        Restated 1995 Employee Stock Purchase Plan;

    --  approved a proposal to eliminate supermajority vote
        requirements in Tenet's articles of incorporation; and

    --  ratified the selection of Deloitte & Touche LLP as the
        company's independent registered public accountants for 2008.

Shareholders voted against two shareholder proposals, one regarding ratification of executive compensation and the other relating to peer benchmarking of executive compensation.

Directors received between 96.84 percent and 98.58 percent of favorable shareholder votes for election. Final results of the other items presented for shareholder vote, expressed as a percentage of shares voted, were as follows:

    For approval of the Tenet Healthcare 2008 Stock Incentive Plan:

In favor--95.17 percent  Against--3.92 percent  Abstain--0.90 percent

For approval of the Tenet Healthcare Corporation Eighth Amended and Restated 1995 Employee Stock Purchase Plan:

In favor--97.85 percent  Against--1.25 percent  Abstain--0.89 percent

For approval of a proposal to eliminate supermajority vote requirements in Tenet's articles of incorporation:

In favor--98.34 percent  Against--0.90 percent  Abstain--0.75 percent

For the ratification of Deloitte & Touche LLP:

In favor--98.91 percent  Against--0.34 percent  Abstain--0.73 percent

Against a shareholder proposal regarding ratification of executive compensation:

In favor--28.18 percent  Against--50.86 percent Abstain--20.95 percent

Against a shareholder proposal regarding peer benchmarking of executive compensation:

In favor--15.51 percent  Against--83.15 percent  Abstain--1.33 percent

Tenet Healthcare Corporation, through its subsidiaries, owns and operates acute care hospitals and related ancillary health care businesses, which include ambulatory surgery centers and diagnostic imaging centers. Tenet is committed to providing high quality care to patients in the communities we serve. Tenet can be found on the World Wide Web at www.tenethealth.com.

Some of the statements in this release may constitute forward-looking statements. Such statements are based on our current expectations and could be affected by numerous factors and are subject to various risks and uncertainties discussed in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the year ended Dec. 31, 2007, our quarterly reports on Form 10-Q and periodic reports on Form 8-K. Do not rely on any forward-looking statement, as we cannot predict or control many of the factors that ultimately may affect our ability to achieve the results estimated. We make no promise to update any forward-looking statement, whether as a result of changes in underlying factors, new information, future events or otherwise.

Source: Tenet Healthcare Corporation

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